I think the larger issue here is the quality at the price point. The display panel is almost exactly the same as the LG UltraFine 5K, which launched with the new Mac Pro several years ago. This wasn't a ground-breaking, custom panel design with additional features like we saw in the XDR display.
Apple essentially took a several year old panel, put a new wrapper on it, added some additional IO and a relatively meh camera, and upped the price. Representing the display as anything extraordinary (which, to be fair, Apple does with nearly every product) was just not accurate. And frankly, the price point - without a height adjustable stand - is a sin in 2022.
Most pro users (who aren't editing 4K footage) would be well served with a much lower cost 4K display in my mind. The extra resolution afforded on a 5K display is primarily helpful for 4K workflows. But once again, the net was cast wide on the Studio lineup, and a large number of users of these devices most likely aren't in the 4K video editing space.